Countries With the Most Invested in Renewable Energy
- Author: Joe Gonzales Jun 21, 2017,
Jun 21, 2017, 1:53
These new findings come a month after Sempra Energy executive Patrick Lee said the technology existed for a 100 percent renewable grid and that building one was now an economic question.
But the opinions that wind and solar are fads, or are too minor to care about, or "don't work" are simply wrong.
Data for April hasn't been released yet, but the EIA expects the trend to continue with wind and solar generation reaching above 10 percent.
By 2040, wind and solar will make up nearly half of the world's installed generation capacity, up from just 12 percent now, and account for 34 percent of all the power generated, compared with 5 percent at the moment, BNEF concluded.
It also said there is no evidence to show that wind and solar energy are threatening the reliability of the electric grid. It certainly could, even though such motivation may not actually be necessary: the USA coal industry is in a natural decline that will only accelerate in the coming years.
The Energy Information Administration estimates that total installed renewable capacity will surpass USA nuclear capacity by 2020, and we'll have more renewables than coal running by 2040.
One example is Taiwan, where the government has started to wind down nuclear generation in the aftermath of the nuclear disaster in Fukushima, Japan, in 2011 and replace it with renewable sources, particularly solar PV.
The acting president also revealed that the government would embark on a broader restructuring of the electricity sector and strive to achieving a more systematic development power market design especially for the renewable energy.
The acting president revealed that 20,000 more homes would be provided with solar electricity system in the first phase of the sustainable renewal energy solution project of the government.
Solar jobs are growing 17 times faster than the general economy in the U.S. "U.S. energy markets are changing, regardless of who controls the White House and which party is in power in Congress". As per Dr Sanjay Tiwari, Coordinator Renewable Energy Technology & Management (RETM), this undergraduate B Voc course is entirely different from all other UG programme running in India as it gives flexibility to the students by means of pre-defined entry and multiple exit points. Although that may not sound like much, it coincided with other reports from across the industry, and indeed across the world, that coal-based energy was effectively dying down. Indeed, the U.S.is the third biggest spender on renewable energy in the world, behind China and India. That trend is likely to accelerate as more governments crack down on carbon and awareness of climate change risks increases. Wind and solar energy should be taken seriously in the USA power picture because their share and impact are only going to grow.